Western Union has begun exploring the use of stablecoins in its international operations, as revealed by its CEO, Devin McGranahan, during the presentation of its results for the third quarter of 2025.
The manager pointed out that the company is testing this type of solutions for its treasury, with the aim of reducing dependence on the traditional banking system, speeding up settlement times and improving the user experience.
“We see significant opportunities to move money faster, with greater transparency and at a lower cost, without jeopardizing regulatory compliance or customer trust,” stated McGranahan.
Western Union’s interest in cryptocurrencies arises after the approval of the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins), US legislation that establishes the first regulatory framework for stablecoins in the United States.
The executive clarified that, until now, the company had adopted a cautious stance towards digital assetsdue to its volatility and an uncertain regulatory framework. However, McGranahan pointed out that, with the GENIUS Act, current conditions allow these instruments to be integrated.
In addition to trials with stablecoins for internal payments, The company also plans to establish alliances with native partners of the ecosysteminterested in taking advantage of its infrastructure to expand financial access in regions with low banking rates.
The manager clarified that this strategy “is not about speculation,” but rather about giving clients more options and greater control over how they manage their money. He clarified that this is especially useful in countries where holding assets linked to US dollars constitutes a hedge against inflation.
From CriptoNoticias we had already announced that Western Union was evaluating the integration of stablecoins. At the end of July, McGranahan announced in an interview that the company was studying offering these assets in its digital wallets. According to the executive, the initiative could improve transparency and expand financial access in regions with low banking use.